Registration number: N1030134 Charity Number: NIC103825 Older People North West Operating as Age Concern Derry (Company Limited by Guarantee and Not Having a Share Capital) Directors, Report and Unaudited Financial Statements for the year ended 31 March 2023
Older People North West Operating as Age Collcern Derry Contents Page Reference and administrative details, Directors, Trustees and other inforn]ation Directors. report Trustees, annual report Independent Examiner's Report to the members Statement of financial activities Balance sheet Notes fonning part of the unaudited financial statements 10-17
Older People North West Operating as Age Concern Derry Reference alld administrative details, Directors, Trllstees and other information President Albert Smallwoods Directors and Trustees Donald Richard O'Doherty Roger Bernard O'Doherty Margaret Monica Catherine Boyle Robert Lamont Dunseath Secretary Roger Bernard O'Doherty Company Number N1030134 Charity Number NICI 03825 Registered office Malvern House Chupel Road Londonderry BT47 2AN Accountant and Independent Examiner lan McIvor MCI Chartered Accountants Sentinel House 13 Pump Street Londonderry BT48 6JG Banker First Trust PIC Meadowbank Strand Road Londonderry BT48 7TN
Older People North West Operating as Age Concern Derry Directors, report to the members of Older People North West for year ended 31 March 2023 The directors present their report and the unaudited financial statements for the year ended 31 March 2023. Directors and secretary The directors alld secretary who served at any time during the year were as stated below: _ Donald Richard O'Dohety Roger Bernard O'Doherty Robert Lamont Dunseath Margaret Monica Catherine Boyle (Director) (Director and Secretary) (Director) (Director) Small company exemption The report of the director has been prepared taking advantage of the small companies, exemption as set out in Section 415A of the Companies Act 2006. This r behalf b ort was approvedJ authorised for issue by the board on 27 July 2023 and signed on its 'Doher Robert Lamont Dunseath Director Director
Older People North West Operating as Age Concern Derry Trustees, Annual Report for year ended 31 March 2023 The Trustees, who are also directors for the puryoses of company law. present their report and the unaudited financial statements for the year ended 31 March 2023. Reference and Administrative Details Reference and administrative details are shown on page l of the financial statements. The Trustees The trustees who served at any time during the year were as follows: Donald Richard O'Doherty Roger Bernard O'Doherty Robert Lamont Dunseath Margiaret Monica Catherine Boyle Structure, Governance and Management The company is limited by guarantee and does not have a share capital. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accnrdance with the Financial Reporting standard applicable in the l JK and Repiiblic. of 1re.land (FRS102) (effective l January 2015) - (Charities SORP (FRS 102) ) the Financi Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The charity is governed by the trustees who ensure that the charity continues to fulfil its main aims and objectives and is run in accordance with company law. Objectives and Activities Objective The main objective of the charity is to improve lif¢ for and to promote the welfare of, older people in the North West. Activities In order to achieve its objective the charity nms a number of activities thmughout the year. Thes¢ activities includ¢: Provision of a meals on wheels service Carers, relief sessions Luncheon club Tea dances Line dancing Sequence dancing Computer classes Culture tours Bingo Tai-chi Arts and crafts Bowling and curling Social dancing Snooker and billiards Reflexology Walking club
Older People North West Operating as Age Concern Derry Trustees, Annual Report for year ended 31 March 2023 (cont...) Objectives and Activities continued... Tl]roughout the year the charity runs a number of competitions and awards such as:_ Reminiscence Quizzes Gardening club Pensioner of the year Good Neighbour award Befriending Community engagement sessions Health infonnation sessions Gardening competition Snooker competition AchRevements and Performance The charity is unique in that it is the only single issue voluntary organisation in the area which is solely focused on supporting older people. It is well established and well known in the area for its work in addressing the needs, anxieties, fears, concerns and aspirations of older people from all sections of the community. Financial Revlew The company's results for the year show an increase in income and an increase in expenditure. This has resulted in net ingoings for the year of £23.166 (2022 - Net ingoings £40,182). At the year end the company had reserves of £743,848 of which £475,91 Q relates to restricted funds and £267,929 relates to unrestricted funds. £120,000 of the unrestricted fvnd is designated for building repairs. Plans for Future Periods The charity aims to continue to service the needs of older people in the comrnunity. It aims to continue to offer a wide range of services and activities and to meet its objectives of improving the life and promoting the welfare of older people in the North West. The Trustees will be diligent and forward thinking when it comes to ensuring that funds are available to continue to meet these objectives and to take advantage of funding opportunities that become available. Independent Examiner lan Mclvor has been reappointed as independent examiner for the coming year. This report was approved and authorised for issue by the trustees on 27 July 2023 and signed on its behalf by: ger 'Doher Robert Lamont Dunseath Director or
Older People North West Operating as Age Concern Derry Independent Examiner's Report to the Directors of Older People North West on the unaudited fmancial statements I am reporting on the financial statements of the company for the year ended 31 March 2023 which are set out on pages 7 - 17. This report is made solely to the company's directors, as a body, in accordance with section 65(3)(a) of the Charities Act Northern Ireland 2008 and regulations made under section 66 of that Act. My work has been undertaken so that I might state to the company's directors those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's directors as a body, for my work or for this report. Respective Responsibilities of Directors and Examiner As the directors (who are also the tnteeS of Older People North West for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the company is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under section 65 of the Charities Act; follow the procedures laid down in the general Directions given by the Charity Comrnission for Northern Ire.land lder section 65(Q)(b) of the Charities Act; and state whether particular matters have come to my attention. Basis of Independent E'xaminer's Statement I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b} of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual iteins or disclosures in the accounts and seekinbtr explanations from you as trustees concerning any such matters. My role is to state whether any material matters have come to my attention giving me cause to believe: (l.)That accounting records were not kept in accordance with section 386 of the Companies Act 2006; (2.)That the accounts do not accord with those accounting records. (3.)That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. (4.)That there is fiwther infonnation needed for a proper understanding of the accounts to be reached.
Older People North West Operatillg as Age Concern Derry Independent Examiner's Report to the Trustees of Older People North West on the unaudited financial statements (cont...) Independent Examiner's Statement In connection with my examination, no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006; to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by charities have not been met or. (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent examiner's statement I have completed my examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention. cIvor Chartered Accountant MCI Chartered Accountants Sentinel House 13 Pump Street Londonderry> BT48 6JG
Older People North West Operating as Age Concern Derry Statement of fmancial activities for the year ended 31 March 2023 Unrestricted funds Restricted funds Notes 2023 2022 Incoming resources Incoming resources from generated funds Voluntary income Activities for generating funds Income from charitable activities 82,121 1,500 72,420 98,980 181,101 1,500 72,420 194,273 1,500 70,024 Total incoming resource$ 156,041 98,980 255,021 265,797 Resources expended Costs of generating funds Charitable activities Governance costs 53,061 69,530 18.750 90,514 71,811 160,044 70,246 155,368 Total resources expended 122,591 109,264 231,855 225,614 Net incomingJ(outgoing) resources 33,450 (10,284) 23,166 40,182 Fund balance at l April 14 229,479 491,203 720,682 680,500 Fund balance at 31 March 14 262,929 480,919 743,848 720,682 All of the above amounts relate to continuing activities. The notes on pages l O to 17 forni an integral part of these financial statements.
Older People North West Operating as Age Concern Derry Bajance sheet at 31 March 2023 2023 2022 Notes Fixed assets Tangible fixed assets 11 487,111 507,762 Current assets Debtors (amounts falling due withi'n one year) Cash at bank and in hand 12 1,273 267,996 1,402 225,468 269,269 226,870 Current liabilities Creditors (amounts falling due within one year) 13 12,532 13,950 Net current assets 256,737 212,920 Net assets 743,848 720,682 Financed by: L'apital fund - unrestricted General fund - unrestricted Designated fund Restricted fund 14 14 14 14 21,9b4 120,965 120,000 480,919 21,964 87,515 120,000 491,203 15 743,848 720,682 The notes on pages l O to 17 fonn an Inteal part of these financial statements. For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Older People North West operating as Age Concern Derry Balance sheet at 31 March 2023 (continued) In approving these accounts as directors of the cornpany we hereby confirn]: The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with Section 476 of the Act. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved and authorised for issue by the board on 27 July 2023 and si ed on its behalf by: erty Robert Lamont Dunseath Director Dire Registration number N1030134
Older People North West Operating as Age Concern Derry Notes on and forming part of the fmancial statements for the year ended 31 March 2023 Note.1. Significant accounting poltcies The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements:_ General Anformation and basis of preparation Older People North West is a company limited by guarantee and not having a share capital and is incotporated in Northern Ireland. The address of the registered office is given in the company inforniation on page l of these financial statements. The nature of th¢ company's operations and principal activities consists of promoting the welfare and the relief of poverty, sickness and disablement among older people (aged 60 or more) living within the Derry City area ('the area of benefit"). The financial statements have been prepared in accordance with AccountinbF and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective l January 2015) - (Charities SORP (FRS 102)) the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. It meets the dehnition ot a public beneht entity under bRS 102. '1'he tinancial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the company. Tangible red assets and depreciation Tangible fixed assets are stated at cost, less accumulated dq)reciation and accumulated impairn]ent losses. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its ¢xpected useful life, as follows: Buildings Equipment and furniture Motor vehicles Straight line Straight line Straight line. 250/0 Where there is objective evidence that the recoverable amount of an asset is less than its carrying value, the carying amount of the asset is reduced to its recoverable amount resulting in an impainnent loss. tmpainnent losses are recognised immediately in the ststement of financial activities, with the exception of losses on previously revalued tanble fixed assets, which are recognised in other comprehensive income to the extent of any previously recognised revaluation surplus in iespect of that asset. 10
Older People North West Operating as Age Concern Derry Notes on and forming part of the financial statements for the year ended 31 March 2023 (continued) Note.1. Significant accounting policies (colltinued) Income Grant Income Grants are credited to the statement of financial activities in the period in which they received or are receivable. Grants which have conditions which have not been fulfilled are treated as liabilitics and only recognised as income when the conditions are achieved. Other Income All other income is recognised once the company has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. Fund Accounting Unrestricted funds which are available for use at the discretion of the Directors in furtheranLe of the generdl objeLtives uf the Lumpiuly and which have not been designated for other purposes. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Employee Benefits When employees have rendered service to the company, short-tenn employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Pensions Pension contributions to the company's externally managed fund are charged directly to the statement of financial activities and are included in operating results for the year. Debtors and creditors receivablelpayable within one year Debtors and creditors with no stated interest rate and which are receivable or payable within one year are recoided at the transaction price. Any losses arising from impairnlent are recognised in the statement of financial activities in administrative expenses. 11
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) Note .1. Significant accounting policies (continued) Judgement5 and key sources of estimation uncertainty No judgements have been made in the process of applying the above accounting policies. The following is the company's key source of estimation uncertainty: Depreciation and tangible red assets The company establishes a reliable estimate of the expected useful life and residual value of tangible fixed assets. The estimate of expected useful life and residual value of an asset is based upon a variety of factors such as the age when acquired, the expected frequency of use and the repair policy of the company. Unrestricted fullds Restricted funds 2023 2022 Note .2. Voluntary income Gifts and donations Grant income (Note 3) 9,450 72,671 9,450 171,651 1,957 192,316 98,980 82,121 98,980 181,101 194,273 Note .3. Grant income W.H.S.S.T. D.F.C. P.B.N.I. 68,260 68,260 88,980 1,800 5,000 73,742 78,864 2,880 14,932 1,000 640 4,292 88,980 1,800 Community Foundation- Keadu¢ Community Foundation - Alcorn W.N.P The American Ireland Elise Pilkington Beth Johnson Covid Job Retention Scheme Co-operation Ireland 5,000 2,611 2,611 5,000 5,000 150 15,817 72,671 98,980 171,651 192,316 Note .4. Income from activities for generating fullds SponsoTsh3p 1,500 1,500 1,500 1,500 1.500 1,500 12
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) Unrestricted funds Restricted funds 2023 2022 Note .5. Income from charitable activities Activities Catering Transport 70,301 2,119 70,301 2,119 68,952 1,072 72,420 72,420 70,024 Note .6. C05t of charitable activities Activities Catering Transport 4,370 41,581 7,110 4,370 60,331 7,110 8,121 54,975 7,150 18,750 53,061 18,750 71,811 70,246 Note .7. Governance costs Administration staff costs Printing and stationery Light, heat and Lyas Telephone Accountancy Maintenance and repairs Bank interest and charges Volunteer allowance Miscellaneous Water charges Depreciation Cleaning Insurance 16,471 1,098 23,385 1,388 2,760 3,543 952 6,640 1,132 1,184 5,369 1,408 4,200 75,230 91,701 1,098 23,385 1,388 2,760 3,543 952 6,640 1,132 1,184 20,653 1,408 4,200 97,066 450 13,954 1,302 2,760 3,424 943 5,745 (183) 1,133 23,060 1,626 4,088 15,284 69,530 90,514 160,044 155,368 13
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) 2023 2022 Note .8. Staff costs Staff costs for the year were as follows: _ Wages and salaries Social security costs 105,571 2,890 115,313 3,878 108,461 119,191 Presented as follows: . Cost of charitable activities - catering costs Governance costs - administration staff costs 16,760 91,701 22,125 97,066 108,461 119,191 The dverage number uf persons empluyed by the Lompany during the year was 6 (2022 - 7). No employee received remuneration of more than £60,000 during the year (2022 - £60,000) The directors, who serve in a voluntary capacity, received no emoluments from the company. Remuneration payable to key management persorniel in the year was £29,263 (2022 - £28,364) Note .9. Pensions The company operates a defllled contribution pension scheme. The assets of the schemes are held separately from those of the company in independently administered funds. The charge for the year represents the contributions payable by the company to the funds and amounted to £NIL (2022 - NIL). There were no outstanding or prepaid contributions at either the beginning or end of the financial year. Note.10. Taxation As a charity, Older People North West Operating &$ Age Concern Derry, is exempt from tax on any gains arising from its charitable activities. 14
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) Note.11. Tangible Fixed assets Equipment and rniture Motor vehicles Buildings Total Cost or valuation Balance at l April 2022 Additions Disposals 764,180 206,685 78,465 1,049,330 Balance at 31 March 2023 764,180 206,685 78,465 1,049,330 Accumulated depreciation Balance at l April 2022 Released on disposal Charge for the year 272,977 205,673 62,918 541,568 15,284 507 4,860 20,651 Balance at 31 March 2023 288,261 206,180 67,778 562,219 Net hook valiie Balance at 31 March 2023 475,919 505 10,687 487,111 Balance at l April 2022 491,203 1,012 15,547 507,762 The land, on which the company's buildings are constructed, is subleased from Northern Ireland Old Peoples Welfare Council Limited rent-free for 99 years commencing 18 September 2002. The Northern Ireland Old Peoples Welfare Council Limited is leasing the land from Northcrn Ircland Council for Voluntary Action rent-fr¢¢ for 99 years commencing 18 September 2002. Note .12. Debtors 2023 2022 Debtors PAYE and social security Prepayrnents 1,273 1,402 1,273 1,402 15
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) Note.13. Creditors (amounts falling due within one year) 2023 2022 Trade creditors PAYE Accruals 7,117 2,655 2,760 9,635 1,555 2,760 12,532 13,950 Note .14. Statement of funds At l April 2022 Income Expenditure Transfers At 31 March 2023 Unrestricted funds General reserve Capital reserve Designated fund 87,515 156,041 21,964 120.000 122,591 120,965 21,964 120.000 Total unrestricted funds 229,479 156,041 122,591 262,929 Restricted funds Building fund Wages fund Administration fund Activities fund 491,203 15,284 88,980 475,919 88,980 10,000 5,000 5,000 Total restricted funds 491,203 98,980 109,264 480,919 Total funds 720.682 255,021 231,855 743,848 Designated fund Unrestricted funds in the sum of £120,000 has been designated for building repairs the trustees. 16
Older People North West Operating as Age Concern Derry Notes on and forming part of the accounts for the year ended 31 March 2023 (continued) Note.15. Analysis of net assets between funds Fund balances at 31 March 2023 are represented by: Unrestricted Funds Restricted Designated General Capltal funds funds reserve reserve Total Tangible fixed assets Current assets Current liabilities 475,919 5,000 120,000 (6,298) 17,490 487,111 138,438 5,831 269,269 (I1,175) (1,357) (12,532) Total net assets 480,919 120,000 120,965 21,964 743,848 CapKtal reserve The capital reserve account represents the value of the net assets taken over from the unincorporated body Age Concern Derry with effect from l April 1996. 17